Over the past decade, developers, designers, and owners throughout New York City have recognized the environmental and financial benefits of buildings made to Passive House standards. And with Hoboken’s Candela Lofts, a candelabra factory turned condominium, the practice has made its way to the unofficial sixth borough in New Jersey's first multi-family Passive House. The combination of green living, attractive apartments, and convenient location has proven powerful: Six of the nine apartments have already entered contract.
All two- through five-bedroom homes are housed in a building constructed with high-quality insulation, a dedicated ventilation unit for filtered fresh air, an air-sealed building envelope, high-performing doors, and triple-glazed windows with thermal insulation and sound isolation. These enhancements were instrumental in Candela Lofts' Passive House and LEED Platinum certifications.
However, style was not sacrificed in the drive for sustainability. All residences feature 10’ ceilings, white oak floors, recessed lighting, virtual doorman, and in-unit washer/dryer. Open kitchens are outfitted with Caesarstone countertops, custom cabinetry, and Miele appliance suite. Many units come with private terraces.
However, style was not sacrificed in the drive for sustainability. All residences feature 10’ ceilings, white oak floors, recessed lighting, virtual doorman, and in-unit washer/dryer. Open kitchens are outfitted with Caesarstone countertops, custom cabinetry, and Miele appliance suite. Many units come with private terraces.
All condominiums include private indoor parking. Candela Lofts is located in a section of Hoboken that skillfully balances practical considerations with dining and nightlife: Columbus Square Park is up the street, a Shop-Rite is only a few blocks away, and local hot spots like The Ale House, 10th & Willow, and Hoboken Turtle Club are a short walk away. Residents will have their choice of commuting options with the 14th Street ferry and the Ninth Street light rail stops nearby.
Of the remaining availabilities at Candela Lofts, a two-bedroom is listed for $1.275 million, and three-bedrooms start at $1.595 million. As high as the prices are, they are relative bargains compared to the Manhattan median of $2.495 million for two-bedrooms and $4.495 million for three-bedrooms (CityRealty listings).
Content Specialist
Michelle Mazzarella
Michelle is a contributing writer and editor for real estate news in New York City